North Valley Bancorp Technical Analysis (NASDAQ:NOVB)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The North Valley Bancorp stock price data and volume are plotted in NOVB stock charts and these trading charts form the basis of technical analysis.
You can view Simple Moving Average (SMA 20 day, 50 day & 100 day), Exponential Moving Average (EMA 20 day, 50 day & 100 day) charts, and Bollinger Bands for North Valley Bancorp. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of North Valley Bancorp stock analysis.
North Valley Bancorp Moving Average:
Moving averages help predict the price direction of NOVB stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $40.71 is below the last closing price of $21.67 and the 50 day moving average of $40.64 is below the $21.67 price. The 10 and 20 day periods can predict short term moving average trends.
North Valley Bancorp Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of North Valley Bancorp stock price relative to previous trades. The stock price is trading between the average and the lower band in the context of North Valley Bancorp bollinger bands.
North Valley Bancorp Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The North Valley Bancorp MACD indicator can be used to identify bullish and bearish trends for the stock.
North Valley Bancorp Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. If the RSI of NOVB stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .